Siyaram Recycling IPO Subscription Status – IPO Closed

Siyaram Recycling IPO subscription status started on Thursday, December 14, 2023 and will close on December 18, 2023. Siyaram Recycling IPO to raise around ₹22.96 crores via IPO. The retail quota is 35%, QIB is 50% and NII is 15%. The price band is fixed at ₹43 to ₹46 per equity share.

Siyaram Recyling IPO

Table of Contents

The Siyaram Recycling IPO minimum market lot is 3000 with ₹138,000 application amount. The IPO is a BSE SME IPO, and it will list on BSE.

Incorporated in 2007, Siyaram Recycling is primarily engaged in (i) segregation of brass scrap (ii) manufacturing of brass ingots, billets, and brass rods, and (iii) manufacturing of brass-based components (plumbing and sanitary parts). They manufacture various brass components (plumbing and sanitary parts) such as brass inserts, brass ceramic cartridges (brass spindles), brass valves, extension nipples, etc. as per the customer’s requirements, from their two manufacturing units (Unit-I and Unit-II) located at village Lakhabaval, district Jamnagar. Some of the renowned brands that are their customers include Hindware, ROCA, Eauset, Somany, Supreme, AGI Greenpac (formerly known as HSIL), and Ashirvad Pipes. For Fiscal 2022 and 2023, their revenue from brass-based components was ₹ 5,277.44 lakhs and ₹ 3,550.52 lakhs respectively, which contributed 12.47% and 7.20% of their revenue from operations.


IPOWatch View

We recommend investors may apply an IPO with Short-term and Long-term view. Investors should also look at the QIB, NII, and Retail numbers before investing.

Siyaram Recycling IPO Subscription Status – Day 3

IPO CategoryIPO Subscription Numbers
QIB96.43
NII597.72
RII459.11
Total385.19


Siyaram Recycling IPO Investor Categories

  • Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
  • Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc
  • Retail Individual Investors (RII): Retail Individual Investors or NRIs
  • Employee (EMP): Eligible Employees
  • Others: Eligible Shareholders

Siyaram Recycling IPO Review

  • May Apply

Siyaram Recycling IPO Form

How to apply for the Siyaram Recycling IPO? You can apply for Siyaram Recycling IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Siyaram Recycling IPO in the Invest section. The other option is you can apply for Siyaram Recycling IPO via IPO forms downloaded via BSE. Check out the Siyaram Recycling forms – Click BSE Forms blank IPO forms download, fill, and submit in your bank or with your broker.

Siyaram Recycling IPO Subscription Status FAQs:


When Siyaram Recycling IPO Subscription will start?

The IPO subscription starts on December 14, 2023 for NII, QIB and Retail Investors.

How to subscribe Siyaram Recycling IPO?

You can go with ASBA and Non-ASBA options for a subscription. Go to your bank account and apply for IPO online via ASBA or download the form online or get the physical form and submit the filled form to your broker or bank.

How do I check live Siyaram Recycling IPO Subscription Numbers Today?

One can visit our portal for live IPO subscription numbers that we are updating hourly basis from the official websites. One can check the live subscription on official websites on the particular IPO page.

How to Apply the Siyaram Recycling IPO through Zerodha?

Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Siyaram Recycling”. Click on Bid Button. Enter your UPI ID, Quantity and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.

How to Apply the Siyaram Recycling IPO through Upstox?

Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Siyaram Recycling”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox.

How to Apply the Siyaram Recycling IPO through Paytm Money?

Log in to Paytm Money Application with your credentials. Select the IPO. You will see the IPO Name “Siyaram Recycling” Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Paytm Money.

What is the Siyaram Recycling IPO Allotment Date?

Siyaram Recycling IPO allotment date is December 19, 2023.

What is the Siyaram Recycling IPO Listing Date?

Siyaram Recycling IPO listing date is December 21, 2023. The IPO is to list on BSE.

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